THE ESTATE

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Local Amenities
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Master Plan

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Location Maps


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Photos


Foreshore Precinct

Amberton's AFL sized oval


Foreshore Park


Adventure Playground

Beach Bar
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Videos
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AREA
DATA PROFILE
Median House Price
This is the most buoyant Perth market since the end of the resources investment boom in 2013. This is expected to grow with the increase of demand in the area.
$500,000
Vacancy Rate
The vacancy rate is around 1% in the Eglington region. Showing that the supply is completely being absorbed by the demand. This rate is well below a balanced market of 3%, and shows that the current market is in undersupply. (Data: SQM)
12 Month Growth Rate
Eglington has seen a healthy growth rate over the last 12 months due mostly to interstate migration and affordability. This is expected to increase as the number of potential buyers for the area is 10 x the number of homes currently on the market.
Owner Occupier Rate
There is a very high demand from owner occupiers for this region for it's beachside location, distance from the CBD and very strong sense of community. Amberton Beach Estate provides award winning and unparalleled amenities and events for the residents.
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GROWTH
DRIVERS
The Perth property market rebounded strongly in 2020 and the first half of 2021, with
the municipality of Wanneroo at the forefront of a marked uplift in sales activity. With strong population growth, Wanneroo remains at the forefront of the growth markets, mainly due to its
affordability and availability of vacant land. The market has continued to rise over the past
12 months, with several consecutive quarters of elevated sales activity and price performance.
Manufacturing
In the City of Wanneroo, Manufacturing is the most productive industry, generating $817 million in 2020/21.
$817
MILLION
Tourism & Hospitality
In 2020/21 , the total tourism sales in the City of Wanneroo was $420m, the total value added was $223.3 million.
$420
MILLION
Agriculture
In 2015/16, the total value of agricultural output in the City of Wanneroo was $86m. The largest commodity produced was Vegetables, which accounted for 50.9% of the City of Wanneroo’s total agricultural output in value terms.
$86
MILLION
Population Growth
Over the past decade, 177,000 new residents have moved to this municipality, making it the fastest-growing LGA in Western Australia and the fifth fastest-growing in Australia. The City of Wanneroo population forecast for 2022 is 219,788, and is forecast to grow to 370,273 by 2041, which is an approx. 68% population growth forecast.
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Infrastructure & Transport
Eglinton is set to benefit from over $531M investment to the corridor via the extension of Mitchell Freeway, and METRONET Yanchep Rail Extension, both supporting the expansion of Perth’s fast-growing outer northern suburbs of Butler, Yanchep, Alkimos and Eglinton.
With the Freeway extension due for completion late 2022, and train services expected to be operating in 2022, these projects extend a critical transport link and provide many benefits to local community, including improved access and travel times.

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ARTICLES
DISCLAIMER
Conscious Investing does not provide advice on investments. All interested parties must rely on their own research before making any investment decision and should seek advice from a qualified Financial Planner or similar professional. We recommend you obtain appropriate legal and technical advice before buying property.
Sources used for this report include; SQM, Corelogic, Property Value, Realestate.com, Housing.ID, Hotspotting Report, Terry Ryder, Bis Shrapnel.
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